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Why J.B. Hunt Stock Popped Today

TheMotleyFool

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Why J.B. Hunt Stock Popped TodayPhoto, wide shot, wide-angle lens, Construction equipment, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/96af5505-e3c8-4496-bbb7-e4a5eba91e77.png

Shares of trucking and logistics company J.B. Hunt (NASDAQ: JBHT) were moving higher today after the company reported better-than-expected results in the third quarter.

Despite a challenging freight environment and flat revenue, the company was able to grow profits due to structural cost-cutting.

As a result, the stock was up 18% as of 10:42 a.m. ET.

Source Fool.com

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